Asian Shares Slip Before Fed Review

Property Developers Continue to Fall in China

Chinese stocks moved lower on Wednesday, as property developers continued to weigh on the market, while shares in Japan ended a day of choppy trade higher as the yen softened late in the session.

The Shanghai Composite lost 0.2% to 2021.73. Local sentiment continued to be weighed by concerns over the property sector—a key driver of the Chinese economy that accounts for 16% of gross domestic product. So far this week, data showed that...